KRS 154.20-250: Purpose of KRS 154.20-250 to 154.20-284.

The purposes of KRS 154.20 -250 to 154.20 -284 are to encourage capital investment in

the Commonwealth of Kentucky, to encourage the establishment or expansion of small

businesses in Kentucky, to provide additional jobs, and to encourage the development of

new products and technologies in the state through capital investments. It is the intent of

KRS 154.20 -250 to 154.20 -284 to give investment preference to Kentucky small

businesses showing a potential for rapid growth. Insofar as possible, any investment made

in a Kentucky small business under the provisions of KRS 154.20 -250 to 154.20 -284

shall be used by that business to leverage additional capital investments from other

sources.